Indian refinery received at least four crude shipments this year worth almost $280mn on sanctions-listed vessels

China’s new 400,000 b/d Yulong refinery has bought about 350,000 b/d of Russian crude for November after UK and EU sanctions cut off Western supply.

Oil prices fell 2% on Tuesday, marking their third day of declines as investors assessed the effect of U.S. sanctions on Russia's two biggest oil companies along

The price of a key Russian oil grade has plunged after Western sanctions prompted Chinese refiners to cancel some purchases.

Ukraine's military reportedly struck an oil refinery as well as a chemical plant in Russia's western regions overnight on Oct. 29, Russian Telegram media channels reported.

Oil prices slipped about 2% on Tuesday, marking a third straight day of declines as investors considered the impact of U.S. sanctions against Russia's two biggest oil companies on global supply, along with a potential OPEC+ plan to raise output.

A senior US diplomat rejected Hungary’s arguments that the country’s landlocked status left it no choice but to rely on Russian oil, as Washington raises pressure on Budapest to find alternative suppliers.